SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) Short Interest Update

SPDR SSGA My2032 Corporate Bond ETF (NASDAQ:MYCL) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 11,943 shares, an increase of 160.0% from the June 30th total of 4,594 shares. Currently, 3.0% of the shares of the company are sold short. Based on an average trading volume of 3,387 shares, the short-interest ratio is currently 3.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in MYCL. Lido Advisors LLC boosted its stake in SPDR SSGA My2032 Corporate Bond ETF by 30.4% during the first quarter. Lido Advisors LLC now owns 130,558 shares of the company’s stock valued at $3,235,000 after buying an additional 30,414 shares during the period. Moneco Advisors LLC bought a new position in shares of SPDR SSGA My2032 Corporate Bond ETF in the fourth quarter worth approximately $1,514,000. Global Financial Private Client LLC lifted its position in SPDR SSGA My2032 Corporate Bond ETF by 65.2% in the 1st quarter. Global Financial Private Client LLC now owns 27,633 shares of the company’s stock worth $685,000 after buying an additional 10,902 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in shares of SPDR SSGA My2032 Corporate Bond ETF during the first quarter worth approximately $268,000.

SPDR SSGA My2032 Corporate Bond ETF Trading Down 0.1%

Shares of NASDAQ:MYCL traded down $0.02 during mid-day trading on Wednesday, reaching $24.39. The company had a trading volume of 109 shares, compared to its average volume of 2,913. The company’s 50-day moving average price is $24.57 and its 200-day moving average price is $24.80. SPDR SSGA My2032 Corporate Bond ETF has a one year low of $24.30 and a one year high of $25.35.

SPDR SSGA My2032 Corporate Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.0947 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.

About SPDR SSGA My2032 Corporate Bond ETF

The SPDR SSgA My2032 Corporate Bond ETF (MYCL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund of investment grade corporate bonds with effective maturities in 2032. Bonds are USD-denominated. MYCL was launched on Sep 23, 2024 and is issued by State Street.